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Sector Update: Financial Stocks Lean Lower Premarket Friday
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Sector Update: Financial Stocks Lean Lower Premarket Friday
Sep 22, 2024 9:38 PM

09:29 AM EDT, 09/20/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Friday as the Financial Select Sector SPDR Fund ( XLF ) declined by 0.2% recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.4% higher.

AGBA Group ( AGBA ) shareholders approved all proposals related to its merger with social media company Triller. AGBA Group ( AGBA ) shares were down nearly 1% premarket.

Apollo Global Management ( APO ) has secured a $5 billion commitment from BNP Paribas to deepen its reach into private credit, Bloomberg reported. Apollo Global Management ( APO ) shares were 0.1% lower pre-bell.

Trinity Capital ( TRIN ) shares were up 0.4% after the company said it has increased its credit facility to $510 million from a previous $440 million.

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